Transaction fees cover the mining network fees and the Blockchain infrastructure necessary to ensure fast and reliable transaction confirmation times. Miners prioritize transactions based on fees, so the higher the fee, the greater chance your transaction has of being completed quickly. A fee that’s too low runs the risk of never being confirmed. Your LC wallet will recommend a fee for you to use based on the current network conditions and the size of your transaction.

Current Fee for Buy Orders: 10%
Current Fee for Sell Orders: 10%
Current Fee for all blockchain Transactions: 10%

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